Going to electrified concerts, like rock concerts, makes you better able to make judgements on equipment when playing recordings of live concerts, but not studio albums.
Sounds like from where - a foot from the source? 50 feet from the source? Back of the hall at an arena? Live music sounds really different depending on where you're listening from. So the answer is yes and no.
Deep experience with anything allows you to make adjustments. If you are at live concerts that are being recorded. Look around. Where is it being recorded from. When ever I go to a concert I look and listen to the acoustics. I look for microphones, the concert control panels.
So many rock and other electronic concerts are screwed up… bad venues, bad volume control. But going to them you can learn.
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